According to CoinDesk, cryptocurrency management company Bitwise stated in a report on Tuesday that Ethereum (ETH) seems to be less popular now, but its underperformance may reverse before the end of the year.

Bitwise pointed out that the price of Ethereum has not changed much since the beginning of the year, while Bitcoin (BTC) has risen by 38% and Solana's SOL has risen by 31%. The report states that the recent underperformance of Ethereum is due to risks related to the November US presidential election, increasing competition from Solana and other memory blockchains, a challenged token economy, and mixed reactions from the launch of US Ethereum spot exchange traded funds (ETFs).

However, the situation is not entirely pessimistic. Bitwise points out that the majority of stablecoins are issued on Ethereum, with over 60% of decentralized financial (DeFi) assets locked onto this blockchain, and the popular prediction market Polymarket also settles on this Layer 1 chain. Bitwise investment gains, Matt Hougan wrote:

Ethereum has the most active developers, active users, and a market value five times larger than its closest competitors

Hougan also stated that Ethereum is "like Microsoft in a memory blockchain," and everyone wants to talk about newer companies and their game changing technologies such as Google, Slack, and Zoom, "but Microsoft is still bigger than them combined.

The Bitwise report states that the challenge of Ethereum is not "life or death" and the market may re evaluate the cryptocurrency as the US election approaches, stating that "it looks like a potential reverse bet before the end of the year".

(责任编辑：风向标)

• ·比特股火币
• ·10月31日兴业成长动力混合A净值下跌0.37%，近1个月累计上涨1.1%
• ·什么树叶对应什么天气-天气什么树叶什么什么
• ·以太坊有多少代币
• ·请问速贷之家额度高不高？最近手头有点紧。
• ·数字货币交易所有哪些？用起来好 玩家推荐的好用数字货币交易所排名前十
• ·分配利润给投资者会计分录怎么做
• ·10月31日华安新兴消费混合A净值下跌1.02%，近1个月累计下跌6.51%
• ·火币网提现到账
• ·苹果手机如何下载欧意易OKX交易所官方APP
• ·享火币
• ·10月31日大成专精特新混合C净值增长1.21%，近3个月累计上涨11.36%
• ·请问用住房公积金买二手房能贷款多少年？
• ·以太坊黑山大会 Vitalik Butrin 演讲总结与重点项目盘点
• ·在线钱包离线钱包
• ·10月31日海富通新内需混合A净值下跌0.12%，近1个月累计下跌3.88%